File image of the Indian Parliament
The Competition (Amendment) Bill, which seeks structural changes in the governing structure of the Competition Commission of India (CCI), was introduced in the Lok Sabha on Friday. Minister of State for Corporate Affairs Rao Inderjit Singh introduced the Bill seeking substantive provisions to allow the CCI to address the needs of new-age markets.
The CCI has in recent times ordered probes and passed orders over alleged unfair business practices in the growing digital market. The New Delhi International Arbitration Centre (Amendment) Bill was also introduced in the Lok Sabha.
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First Published: Sat, August 06 2022. 00: 30 IST